NIXT vs AMZZ

Comparison between RESEARCH AFFILIATES DELETIONS ETF (NIXT, ETF) and GRANITESHARES 2X LONG AMZN DAILY ETF (AMZZ, ETF).

NIXT vs AMZZ - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	NIXT(ETF)	AMZZ(ETF)
Net Assets	$54M	$55M
Expense Ratio	0.19%	N/A
Max Drawdown	28.97%	55.28%
Sharpe Ratio	1.21	0.33
5Y Beta	1.11	2.71
P/E Ratio	-13.74	N/A
Forward P/E	11.56	N/A
5Y EPS CAGR	4.79%	N/A
Debt to Equity	82.79%	N/A
P/S Ratio	0.79	N/A
P/B Ratio	1.84	N/A

Net Assets

NIXT

$54M

Winner

AMZZ

$55M

Expense Ratio

NIXT

0.19%

AMZZ

N/A

Max Drawdown

Winner

NIXT

28.97%

AMZZ

55.28%

Sharpe Ratio

Winner

NIXT

1.21

AMZZ

0.33

5Y Beta

Winner

NIXT

1.11

AMZZ

2.71

P/E Ratio

NIXT

-13.74

AMZZ

N/A

Forward P/E

NIXT

11.56

AMZZ

N/A

5Y EPS CAGR

NIXT

4.79%

AMZZ

N/A

Debt to Equity

NIXT

82.79%

AMZZ

N/A

P/S Ratio

NIXT

0.79

AMZZ

N/A

P/B Ratio

NIXT

1.84

AMZZ

N/A

NIXT vs AMZZ - Historical Returns

Returns include dividend reinvestment.

Period	NIXT	AMZZ
1 month	+3.80%	-20.43%
3 months	+18.56%	+24.40%
6 months	+17.29%	+2.83%
1 year	+32.17%	+6.48%
Max(CAGR)	+17.45%	+10.47%

Winner

NIXT

+3.80%

AMZZ

-20.43%

NIXT

+18.56%

Winner

AMZZ

+24.40%

Winner

NIXT

+17.29%

AMZZ

+2.83%

Winner

NIXT

+32.17%

AMZZ

+6.48%

Max(CAGR)

Winner

NIXT

+17.45%

AMZZ

+10.47%

NIXT vs AMZZ - Annual Returns (2024 - 2026)

Returns include dividend reinvestment.

Year	NIXT	AMZZ
2026	+19.17%	+3.03%
2025	+4.81%	-9.54%
2024	+4.91%	+38.36%

NIXT vs AMZZ Drawdown Comparison

The maximum drawdown for NIXT was -27.74%, occurring on Apr 8, 2025. Recovery took 270 trading sessions.

The maximum drawdown for AMZZ was -55.28%, occurring on Apr 21, 2025. Recovery took 313 trading sessions.

The current NIXT drawdown is -0.62%. The current AMZZ drawdown is -25.73%.

Rank	NIXT	AMZZ
#1	-27.74% Nov 11, 2024 - Dec 10, 2025	-55.28% Feb 4, 2025 - May 5, 2026
#2	-7.67% Mar 2, 2026 - Apr 8, 2026	-37.35% Jul 2, 2024 - Nov 7, 2024
#3	-5.18% Apr 20, 2026 - May 27, 2026	-25.80% May 6, 2026 - Jun 10, 2026
#4	-3.99% Dec 11, 2025 - Jan 6, 2026	-16.19% Apr 11, 2024 - Jun 26, 2024
#5	-3.85% Oct 18, 2024 - Nov 6, 2024	-15.73% Nov 13, 2024 - Dec 4, 2024
#6	-3.37% Jan 22, 2026 - Feb 6, 2026	-13.45% Dec 16, 2024 - Jan 22, 2025
#7	-3.18% Sep 27, 2024 - Oct 16, 2024	-5.10% Jun 27, 2024 - Jul 2, 2024
#8	-3.17% Jun 1, 2026 - Jun 10, 2026	-3.20% Nov 7, 2024 - Nov 13, 2024
#9	-2.40% Jan 15, 2026 - Jan 21, 2026	-3.07% Jan 28, 2025 - Feb 4, 2025
#10	-2.30% Feb 20, 2026 - Mar 2, 2026	-2.45% Dec 11, 2024 - Dec 16, 2024
#11	-2.25% Feb 6, 2026 - Feb 20, 2026	-2.17% Apr 3, 2024 - Apr 5, 2024
#12	-1.72% Sep 19, 2024 - Sep 27, 2024	-1.79% Dec 6, 2024 - Dec 11, 2024
#13	-1.31% Jan 6, 2026 - Jan 9, 2026	-1.70% Mar 25, 2024 - Mar 27, 2024
#14	-0.84% Jan 9, 2026 - Jan 15, 2026	-0.53% Jan 23, 2025 - Jan 28, 2025
#15	-0.83% Apr 9, 2026 - Apr 13, 2026	-0.27% Apr 1, 2024 - Apr 3, 2024